International
Swiss Re, XL Catlin to Launch India Branch Offices
Swiss Re and XL Catlin say they've both gotten regulatory approval to open branches in India, following the government's move last year to open its market to foreign insurers and reinsurers. In XL ...
2017 Forecast: Financial Experts Offer Cautious Optimism for P/C Insurers
Financial experts are expressing cautious optimism for the P/C industry as it heads into 2017, though they say that multiple factors will continue to pose a challenge. Perhaps one of the biggest ...
International Insurance Society Launches Global Certification Program
The International Insurance Society (IIS) has announced the formation of the Global Centers of Insurance Excellence (GCIE), a certification program designed to recognize universities and colleges ...
Insurers Can be Too Risky But Not Too Big: NAIC President
Although the Financial Stability Oversight Council created by Dodd–Frank Wall Street Reform and Consumer Protection Act could serve an incredibly useful purpose, FSOC's activities so far have been ...
Insurers and Reinsurers Confront Brexit Cost Implications: A.M. Best
The cost implications of the loss of passporting rights after the UK exits the European Union will weigh on re/insurers, as will any resultant economic downturn. However, A.M. Best does not ...
Bankers Believe Britain Will Back Gradual Brexit Transition for Financial Sector
Top bankers are confident that British Prime Minister Theresa May's government will support a transition period of several years for the financial sector to cope with Britain's exit from the European ...
Zurich to Slash 240 UK Jobs as Life, General Insurance Arms Combine
Zurich Insurance Group AG plans to slash about 240 jobs in the UK as part of broader efforts to bring its Life and General Insurance division under a single leadership team. Zurich disclosed the new ...
Executives On The Move at Allianz, CNA, SCOR and More
Allianz Global Corporate & Specialty promoted two executives. CNA appointed someone to lead efforts involving Commercial Underwriting for Errors & Omissions, Cyber and Media. SCOR made four ...